14
Jul
14:06
Safeguard, Russia duty boost prices, supply problematic: Irepas
The EU steel safeguard extension and impending Russian ferrous export duty are providing a boost to steel and scrap prices, while lack of steel availability is a fast-growing problem, says the International Rebar Exporters and Producers Association (Irepas). Shredded scrap supply is much tighter than for obsolete grades, meanwhile, significantly widening spreads between the two.
Although the Russian export tax impact remains unknown, “the market seems to abs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous